III Capital Management is based out of Boca Raton. III Capital Management is a hedge fund with 25 clients and discretionary assets under management (AUM) of $33,254,393,444 (Form ADV from 2023-11-30). Their last reported 13F filing for Q4 2023 included $2,390,526,178 in managed 13F securities
and a top 10 holdings concentration of 42.25%. III Capital Management's largest holding is iShares iBoxx $ Investment Grade Corporate Bond ETF-iShares iBoxx $ Investment Grade Corporate Bond ETF with shares held of 2,749,000. Whalewisdom has at least 22 13F filings
2023-12-31
Top Buys (13F)
Name | % Change |
---|---|
LQD iShares iBoxx $ Inve (PUT) | 7.55% |
DEBT-ROYA ROYAL CARIBBEAN GROU (PRN) | 4.86% |
DEBT-CHAR CHART INDS INC NOTE (PRN) | 2.07% |
DEBT-CYBE CYBERARK SOFTWARE LT (PRN) | 1.58% |
SAVE Spirit Airlines Inc (PUT) | 1.46% |
2023-12-31
Top Sells (13F)
Name | % Change |
---|---|
DEBT-PALO PALO ALTO NETWORKS I (PRN) | 6.6% |
DEBT-ROYA ROYAL CARIBBEAN GROU (PRN) | 2.13% |
DEBT-CNX CNX RES CORP NOTE 2. (PRN) | 2.1% |
DEBT-UNIT UNITED STATES STL CO (PRN) | 2.1% |
DEBT-EQT EQT CORP NOTE 1.750% (PRN) | 2.09% |
2023-12-31
13F Holdings Summary
Name | $ Change |
---|---|
LQD iShares iBoxx $ Inve | 12.73% |
DEBT-ROYA ROYAL CARIBBEAN GROU | 6.35% |
DEBT-MIDD MIDDLEBY CORP NOTE 1 | 3.57% |
DEBT-INSI INSIGHT ENTERPRISES | 3.54% |
DEBT-CHAR CHART INDS INC NOTE | 3.52% |
2023-12-31
13F Activity
Market Value | $2.39b, Prior: $1.99b |
New Purchases | 39 stocks |
Added To | 52 stocks |
Sold out of | 48 stocks |
Reduced holdings in | 21 stocks |
Top 10 Holdings % | 42.25% |
Turnover %[1] | 54.38% |
Turnover Alt %[2] | 28.01% |
Time Held Top 20 | 2 quarters |
Time Held Top 10 | 1.7 quarters |
Time Held All | 2.83 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31